$3,149,000
229 Palos Verdes Dr W, Palos Verdes Estates CA 90274
Multi-Family (6 Units)
Property type
1 day
On market
$525
Price per sqft
6 cars
Garage
1956
Year built
8,490 sqft
Lot size
Open Houses
Overview
We are pleased to present 229 Palos Verdes Dr W, a multifamily investment opportunity located in the highly desirable Malaga Cove neighborhood of Palos Verdes Estates. The property consists of (2) one-bedroom/one-bath units and (4) two-bedroom/one-bath units totaling approximately 5,994 square feet on an 8,490 square foot lot. Each unit includes a private one-car garage and...
Listing provided by: John Stiegler II DRE #01981597, Lyon Stahl Investment Real Estate, Inc.
Listing updated: Jun 15, 2026 at 11:08pm.
Last checked: Jun 15, 2026 at 11:30pm
Source: CRMLS #SB26130060
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | 1 | $1,830 | $1,830 | $3,400 | Unfurnished |
| 1 | 2 | 1 | 1 | $2,100 | $2,100 | $4,500 | Unfurnished |
| 1 | 2 | 1 | 1 | $2,370 | $2,370 | $4,500 | Unfurnished |
| 1 | 2 | 1 | 1 | $2,370 | $2,370 | $4,500 | Unfurnished |
| 1 | 2 | 1 | 1 | $2,475 | $2,475 | $4,500 | Unfurnished |
| 1 | 1 | 1 | 1 | $2,150 | $2,150 | $3,400 | Unfurnished |
# of Buildings: 1
# of Units Total: 6
Separate Electric Meters: 6
Separate Gas Meters: 6
Separate Water Meters: 1
Rent Control: No
Units Leased: 6
Total Actual Rent: $159,540
Financial Snapshot
Gross Rent Multiplier
19.7x
List Price / Annual Gross Rent
Cap Rate
2.73%
NOI / List Price
Gross Scheduled Income: $159,540
Operating Expense: $68,714
Net Operating Income: $86,040
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $0
Professional Management: $0
Trash: $0
Water / Sewer: $0
Interior
Laundry: Common Area
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 3
Levels: Three Or More
Common Walls: One Common Wall
Lot Features: Rectangular Lot
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 6
Parking Total: 6
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 7539008003
Additional Parcels: No
Tax Lot: 2
Community
Senior Community: No
Community Features: Biking, Dog Park, Fishing, Hiking, Park, Sidewalks, Water Sports
Nearby Schools
Nearby schools around the 229 Palos Verdes Dr W, Palos Verdes Estates, CA 90274. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,519,200
Total Interest
$3,213,101
Total Payment
$5,732,301
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$19,353
per month
Property History for 229 Palos Verdes Dr W
Palos Verdes Estates Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90274.
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